Conditions for change: If Bitcoin (BTCUSD) moves up and closes above the last peak $8947, the above signals are invalidated.
Thanks a lot for reading.
Namaste.
Комментарий
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(Here we are looking at Bitcoin short term, yet below you can find some indicators as for a different/longer view).
BTC fractal May-June 2018 and the situation is now. In favor of the fall:
1) The growth of the market without corrections is observed since February. 2) 4 green candles in a row on the monthly chart. 3) Two unclosed gaps on SME 4) Futures expiration on May 31st. 5) RSI shows a bearish divergence.
Thanks for your chart @alanmasters , i personally think we will correct around 30% to point A.
AlanSantana
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@Nilles, I really like your chart. I can agree with your view, it all depends though on how it all goes on a daily basis, the strength we are seeing lately I rather go step by step rather than doing any long predictions.
Thanks a lot for sharing.
SpartaBTC
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BTC fractal May-June 2018 and the situation is now.
In favor of the fall:
1) The growth of the market without corrections is observed since February.
2) 4 green candles in a row on the monthly chart.
3) Two unclosed gaps on SME
4) Futures expiration on May 31st.
5) RSI shows a bearish divergence.